FELTEK AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

725,9 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 938 000	22 135 000	15 272 000	14 007 000
Net Income	7 288 000	6 273 000	3 457 000	3 380 000
Total Assets	15 195 000	12 640 000	8 275 000	7 521 000
Total Equity	1 004 000	997 000	994 000	987 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 938 000	22 135 000	15 272 000	14 007 000
Expenditure	15 599 000	14 069 000	10 820 000	9 660 000
Operating Profit	9 340 000	8 066 000	4 451 000	4 348 000
Financial Income	6 000	0	1 000	3 000
Financial Costs	0	0	4 000	0
Financial Balance	6 000	0	−3 000	3 000
Earnings Before Tax	9 346 000	8 067 000	4 448 000	4 350 000
Tax	2 058 000	1 793 000	991 000	970 000
Net Income	7 288 000	6 273 000	3 457 000	3 380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	890 000	485 000	453 000	622 000
Total Current Assets	14 305 000	12 155 000	7 822 000	6 899 000
Total Assets	15 195 000	12 640 000	8 275 000	7 521 000
Total Retained Equity	104 000	97 000	94 000	87 000
Total Equity	1 004 000	997 000	994 000	987 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 191 000	11 643 000	7 281 000	6 534 000
Total Equity and Debt	15 195 000	12 640 000	8 275 000	7 521 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 938 000	22 135 000	15 272 000	14 007 000
Other Income	0	0	0	0
Revenue	24 938 000	22 135 000	15 272 000	14 007 000
Cost of Goods Sold	5 656 000	5 940 000	4 430 000	4 285 000
Salary Costs	7 979 000	6 586 000	5 206 000	4 163 000
Depreciation	306 000	202 000	169 000	221 000
Impairment	0	0	0	0
Expenditure	15 599 000	14 069 000	10 820 000	9 660 000
Operating Profit	9 340 000	8 066 000	4 451 000	4 348 000
Financial Income	6 000	0	1 000	3 000
Financial Costs	0	0	4 000	0
Financial Balance	6 000	0	−3 000	3 000
Dividends	7 281 000	6 270 000	3 450 000	3 300 000
Net Income	7 288 000	6 273 000	3 457 000	3 380 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	890 000	485 000	453 000	622 000
Total Tangible Assets	890 000	485 000	453 000	622 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	890 000	485 000	453 000	622 000
Stock	1 951 000	1 374 000	1 217 000	893 000
Total Investments	0	0	0	0
Cash, Bank	7 226 000	7 425 000	4 068 000	4 284 000
Total Current Assets	14 305 000	12 155 000	7 822 000	6 899 000
Total Assets	15 195 000	12 640 000	8 275 000	7 521 000
Total Equity	1 004 000	997 000	994 000	987 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 345 000	665 000	554 000	399 000
Unpaid Taxes	1 563 000	1 380 000	1 064 000	881 000
Dividends	7 281 000	6 270 000	3 450 000	3 300 000
Other Current Debt	1 944 000	1 534 000	1 222 000	984 000
Total Current Debt	14 191 000	11 643 000	7 281 000	6 534 000
Total Equity and Debt	15 195 000	12 640 000	8 275 000	7 521 000

Financial indicators	2022	2021	2020	2019
Return on Equity	725,9 %	629,19 %	347,79 %	342,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	37,45 %	36,44 %	29,14 %	31,04 %
Current Ratio	1,01	1,04	1,07	1,06
Quick Ratio	1,17	1,18	1,29	1,22
Equity Ratio	0,07	0,08	0,12	0,13
Gross Profit Margin	77,32 %	73,16 %	70,99 %	69,41 %